Elon Musk, SEC to take time to resolve..
As the Tesla Inc. go-private saga enters its ninth day, many are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so haphazardly.
History suggests it might take a while.
At the center of the Tesla controversy is what Musk meant when he tweeted Aug. 7 that he had secured funding for a buyout without providing any specifics to back up the claim. Almost a week later he said his confidence was based on conversations with a Saudi Arabian sovereign wealth fund, which had long expressed interest in taking the company private.
Continue reading Tesla omits reference to goal of delivering 20 million vehicles annually
Tesla omits reference to goal of delivering 20 million vehicles annually originally appeared on Autoblog on Fri, 24 May 2024 14:00:00 EDT. Please see our terms for use of feeds.
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It's called the GPV Colonel, and it was originally manufactured by a company called General Purpose Vehicles in Michigan. A quick internet search shows the manufacturer builds several such vehicles designed for military use, but exactly how Yadlowsky and his partners came upon this particular machine is something of a mystery. Another quick internet search shows Yadlowsky and GPV headquarters are only about 45 miles apart, so that could have something to do with it.. ....
Both outlets report that the new M3 will come with more than 510 horsepower, thanks to a slightly uprated version of the "S58" 3.0-liter twin-turbocharged inline-six found in the latest X3 M and X3 M Competition models...
